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Price: $300K - 500K
Monthly Cash Flow: $1 - $3k+
Home Type: Single Family
High Rental Yield Investment Properties for Sale in Richmond, IN
Listed for sale 3 days ago
$ 259,900
ROI
29.1
Cash Flow/m
673- 3 Bed
- 2 Bath
- 1796 sft
3207 Dorothy Ln, Richmond, IN, 47374
Listed for sale 4 days ago
$ 189,900
ROI
32.3Cash Flow/m
661- 3 Bed
- 2 Bath
- 1394 sft
356 S 31st St, Richmond, IN, 47374
Listed for sale 6 days ago
$ 199,000
ROI
31.4Cash Flow/m
645- 3 Bed
- 2 Bath
- 1901 sft
295 Earlham Dr, Richmond, IN, 47374
Listed for sale 6 days ago
$ 179,900
ROI
24.4Cash Flow/m
230- 3 Bed
- 2 Bath
- 1168 sft
524 SW 17th St, Richmond, IN, 47374
Why Invest in Richmond, Indiana?
Richmond, Indiana, offers a promising opportunity for investors seeking high rental yields. The area's robust rental market is supported by a steady influx of residents and low vacancy rates, making it an attractive destination for real estate investment. With an average rental yield of 8% and a cap rate of around 10%, investors can expect substantial returns.
12%
Avg. ROI
8%
Rental Yield
10%
Cap Rate
$400/mo
Avg. Cash Flow
$800/mo
Avg. Rent
5%
1Y Appreciation
Frequently Asked Questions
The average rent in Richmond, Indiana, is approximately $800, making it affordable for many residents while providing good returns for investors.
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